After servicing the Latin American and Caribbean market from its London office for several years, Apax has opened an office in Panama City to facilitate the demand for its credit card processing and electronic payment products from merchants in the area.
The Panama office specialises in offering card processing and electronic payment solutions to merchants selling mostly digital goods online in that region of the world. Apax CEO Peter Arnold said: “Within the last five years we have seen a steadily increasing demand for our products especially from online merchants of various industries. Panama and Costa Rica have become hubs for those merchants. It is a logical step for Apax to open an office in that region in order to better service our customers.”
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